Common use of ▇▇▇ Allocation of Individual Class Payments Clause in Contracts

▇▇▇ Allocation of Individual Class Payments. 20% of each The Wage Portions are subject to tax withholding and will be reported on an IRS W-2 Form. 80% of each Participating Class Individual Class Payment will be allocated to settlement of claims for interest and penalties (the - The Non-Wage Portions are not subject to wage withholdings and will be reported on IRS 1099 Forms. Participating Class Members assume full responsibility and liability for any employee taxes owed on their Individual Class Payment.

▇▇▇ Allocation of Individual Class Payments. 2040% of each The Wage Portions are subject to tax withholding and will be reported on an IRS W-2 Form. 80The remaining 60% of each Participating Class Individual Class Payment will be allocated to settlement of claims for interest and penalties (the - The Non-Wage Portions are not subject to wage withholdings and will be reported on IRS 1099 Forms. Participating Class Members assume full responsibility and liability for any employee taxes owed on their Individual Class Payment.